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Trust Bank Ltd. (Gambia)

Main Activities: Commercial Banking
Secondary Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities | Funds, Trusts, and Other Financial Vehicles
Full name: Trust Bank Ltd. Profile Updated: October 29, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Trust Bank Ltd was incorporated on July 3rd 1997 to take over the business of Meridien Biao Bank Gambia and began operations on October 1st the same year. The bank is engaged in Commercial, Corporate & International banking with 1005 shareholders. The major shareholders of the bank are Social Security & Housing Finance Corporation, DataBank of Ghana and other prominent Gambian institutions and individuals. The bank was listed on the Ghana Stock Exchange in November 2002, the first cross border listing in the sub-Region.

Headquarters
3/4 Ecowas Avenue, P O Box 1018
Banjul; Greater Banjul Area;

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Website: http://www.trustbank.gm

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
July 03, 1997
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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36.985%
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22.12%
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7.788%
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5.895%
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5.578%
Subsidiaries
Bayba Financial Services Limited
100%
Home Finance Company Gambia Ltd
60%
Company Performance
Financial values in the chart are available after Trust Bank Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency GMD. Absolute financial data is included in the purchased report.
Net interest income
15.77%
Operating profit (EBIT)
5.08%
Net Profit (Loss) for the Period
4.29%
Total assets
10.02%
Total equity
13.54%
Total Assets Trend
6.6%
Net Interest Income Trend
-23.23%
Loans to Deposits Ratio
-6.53%
Loans to Asset Ratio
-5.9%

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